As if there weren't enough upheaval in the markets. Now Canada's Bank of Nova Scotia (Scotiabank) - one of the world's biggest lenders to the physical precious metals industry - has apparently told staff that it plans to close its metals business. Reuters, quoting two sources, reported last week that the bank will unwind its precious metals trading business in early 2021. Scotiabank has been invol...Read More
This episode features an interview with Northern Miner editor-in-chief Trish Saywell on the latest news in the mining industry, including the impact of the coronavirus on commodities and the economy. She also discusses Barrick and Zijin Mining's clash with the Government of Papua New Guinea over the Porgera mine.All this and more with editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Rai...Read More
First Cobalt (TSXV: FCC) expects to begin production of cobalt sulphate late this year or in early 2021, which would make it North America's only primary producer of the key ingredient for the batteries that power electric vehicles (EVs) and high-tech devices.The Toronto-based company said the expansion of its refinery in Ontario, which it is carrying out in partnership with mining and commodities...Read More
Marathon Gold (TSX: MOZ; US-OTC: MGDPF) has announced a $30 million (upsized from $26 million) bought deal. The net proceeds will be spent on permitting, development and exploration at its Valentine gold project in Newfoundland.The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets. The underwriters have agreed to purchase 20 million units at...Read More
Great Bear Resources (TSXV: GBR; US-OTC: GTBDF) has released drill results from its wholly owned 91.4-sq.-km Dixie gold property in Ontario.Of the 17 holes reported, highlights include hole BR-118, which returned two notable mineralized intervals: a standout 104 metres of 2.67 grams gold per tonne from 127.2 metres, as well as 57 metres of 3.18 grams gold per tonne starting at 30 metres. In additi...Read More
We've been warning for a long time that you should beat the herd with gold and I certainly hope you took it to heart.We just saw a huge month in multiple ways that shows that the blind optimism of the dead-and-gone stock market bull run is finally fading into realism.First up, gold prices saw their best month in four years.Second, the SPDR Gold ETF (NYSEArca: GLD) saw a huge influx of investors.In...Read More
By: Gary SavageI have all the confirmations that I need to see that gold is moving into a daily cycle low. The buying opportunity for the trade of the year..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold's monthly chart is at the upper Bollinger band, or resistance. It continues to push the upper band higher, bullish. Gold remains in an uptrend in the weekly chart. Momentum is up..Read More
Gold will remain firm on restarting US China trade tensions. Pre USA presidential drama has started. Trump has started blaming china for corona virus. Trump has restarted the trade war. The trade war is a political drama by Trump to divert mass attention from late reaction to CVOID crisis. There will be more such politically motivated things by Trump. Gold will remain firm till November. There c...Read More
AUPLATA MINING GROUP SA:Read full newsRead More
"Bought some Americas Silver and Gold @americas_gold at $2.92 today. As they ramp up a new heap leach gold mine in Nevada. This mine will be a cash-flow machine as it ramps up."Read full newsRead More
Gold Edges Higher as Trump Revives Trade War ConcernsRead full newsRead More
Gold Edges Higher as Trump Revives Trade War ConcernsRead full newsRead More
The U.S. Energy Information Administration could soon begin publishing data related to the production of biogas and RNG. The agency has proposed to modify an existing information collection focused on natural gas to include these renewable fuels.Read full newsRead More
Noble Mineral Exploration contracted NPLH Inc., to commence an initial 1000m drill campaign on the Dargavel Township Gold Targets.Read full newsRead More
"Buying a North American focused gold/silver high-growth low-cost producer this morning. Investors include Eric Sprott and Sandstorm. Any guesses?"Read full newsRead More
Wall Financial (WFC) stock does not trade a lot, but it is a name worth watching if for no other reason than the window it provides into the Vancouver real estate market. After riding high for the past decade or so, Wall Financial is down 31.4% so far this year. Insiders are buying the pullback and INK Research puts that signal of optimism into its G versus D economy framework. Is VanRe feeling...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF | FRA:WK3D) (the "Company" or "Siyata") is pleased to announce the Company has partnered with TASSTA, a global mission critical push-to-talk (MCPTT) software provider and end-to-end solution for critical communications. The initial opportunities to work together are in Southeast Asia.TASSTA has integrated its MCPTT application...Read More
Several large-cap gold mining stocks are buy rated and have not experienced much negative analyst reaction just before earnings releases. Industry fundamentals are also upbeat.Read full newsRead More
Johns Hopkins University puts the total confirmed COVID-19 cases at 3.5 million, with more than 1.1 million in the US.Gold has dropped below US$1,700 an ounce on the spot market to $1,696/oz earlier.Commodities closed lower across the board on the London Metal Exchange on Friday as China entered a five-day holiday.Among the mining majors, Rio Tinto (LSE: RIO) closed 1.9% lower in London.In New Yor...Read More